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Is UK FinTech landscape under threat due to proposed fraud regulations?
The Payments Association has expressed concerns over the UK's proposed measures to address fraud which totalled £485m in 2021.
Losses from APP fraud increases in 2019
While the banking and finance industry prevented more than £1.8bn in fraud during 2019 in the UK, the amount lost through authorised push payments (APP) scams increased to £465m.
